The European Central Bank meet on Thursday, September 12. A rate cut is widely expected.
- inflation is nearing 2%, and longer-term forecasts stable around 2%
- the recent flow of data is showing the economic outlook weakening
The meeting will bring updated European Central Bank macroeconomic forecasts
- downward revisions to inflation forecasts for 2025 and 2026 are likely, lower oil prices and a stronger euro playing a role here
- growth forecasts may need to be revised lower
No new forward guidance is expected.
Coming up at 1215 GMT, 0815 US Eastern time
- with the presser following a half hour later
This snapshot from the ForexLive economic data calendar, access it here.
The times in the left-most column are GMT.
The numbers in the right-most column are the ‘prior’.
The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.